Greenlight Capital Buys Yahoo, Sells Best Buy

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Greenlight Capital Buys Yahoo, Sells Best Buy

Third quarter 13F filings for David Einhorn’s Greenlight Capital show the firm sold out of seven stocks and reduced its holdings in seven others. It also bought three new stocks and increased its holdings in eight others.

Adds And Increases

Einhorn’s firm bought Yahoo! Inc. (NASDAQ:YHOO), Babcock & Wilcox Co (NYSE:BWC) and AECOM Technology Corp (NYSE:ACM).  It increased its holdings in Computer Sciences Corporation (NYSE:CSC), General Motors Company (NYSE:GM), Marvell Technology Group Ltd. (NASDAQ:MRVL), Aetna Inc. (NYSE:AET), Cigna Corporation (NYSE:CI), DST Systems, Inc. (NYSE:DST) and BioFuel Energy Corp. (NASDAQ:BIOF).

Sell-Offs And Reductions

Greenlight Capital sold out of United Health Group Inc. (NYSE:UNH), Best Buy Co., Inc. (NYSE:BBY) and CareFusion Corporation (NYSE:CFN). It reduced its holdings in Apple Inc. (NASDAQ:AAPL), which was surprising based on Einhorn’s WellPoint, Inc. (NYSE:WLP), Humana Inc. (NYSE:HUM) and Sprint Nextel Corporation (NYSE:S).

All the other major transactions besides Yahoo! (NASDAQ:YHOO) were disclosed previously in the hedge fund’s shareholder letters.

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